The joint venture is held by 40 percent from Samsung SDI and 60 percent from EcoPro BM. Both companies plan to endow the joint venture with 120 billion won. It is planned to start building a factory in the city of Pohang this year, which will produce cathode material for NCA cells...
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Samsung SDI and EcoPro BM establish JV for cathode materials
The South Korean battery cell manufacturer Samsung SDI and its South Korean supplier of battery materials EcoPro BM are investing the equivalent of around 88 million euros in a joint venture called EcoPro EM.
The joint venture is held by 40 percent from Samsung SDI and 60 percent from EcoPro BM. Both companies plan to endow the joint venture with 120 billion won. It is planned to start building a factory in the city of Pohang this year, which will produce cathode material for NCA cells...